Danimer Scientific (STU:6CU) Price-to-Tangible-Book : 0.42 (As of Jun. 09, 2024)

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What is Danimer Scientific Price-to-Tangible-Book?

As of today (2024-06-09), Danimer Scientific's share price is €0.5984. Danimer Scientific's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €1.44. Hence, Danimer Scientific's Price to Tangible Book Ratio of today is 0.42.

The historical rank and industry rank for Danimer Scientific's Price-to-Tangible-Book or its related term are showing as below:

STU:6CU' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.4 Med: 1.35 Max: 11.48
Current: 0.4

During the past 5 years, Danimer Scientific's highest Price to Tangible Book Ratio was 11.48. The lowest was 0.40. And the median was 1.35.

STU:6CU's Price-to-Tangible-Book is ranked better than
96.7% of 1484 companies
in the Chemicals industry
Industry Median: 1.74 vs STU:6CU: 0.40

A closely related ratio is called PB Ratio. As of today, Danimer Scientific's share price is €0.5984. Danimer Scientific's Book Value per Sharefor the quarter that ended in Mar. 2024 was €2.06. Hence, Danimer Scientific's P/B Ratio of today is 0.29.

Danimer Scientific Price-to-Tangible-Book Historical Data

The historical data trend for Danimer Scientific's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Danimer Scientific Price-to-Tangible-Book Chart

Danimer Scientific Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

0.57

0.53

Danimer Scientific Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial													1.11	0.96	0.79	0.53	0.71

Competitive Comparison of Danimer Scientific's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Danimer Scientific's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Danimer Scientific's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Danimer Scientific's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Danimer Scientific's Price-to-Tangible-Book falls into.

Danimer Scientific Price-to-Tangible-Book Calculation

Danimer Scientific's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.5984	/	1.441
	=	0.42

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Danimer Scientific Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Danimer Scientific's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Danimer Scientific (STU:6CU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Danimer Scientific Inc (STU:6CU) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

DNMR:USA 6CU:Germany

Address

140 Industrial Boulevard, Bainbridge, GA, USA, 39817

Website

https://www.danimerscientific.com

Danimer Scientific Inc creates more sustainable, more natural ways to make plastic products sold under the proprietary Nodax brand name. The company's renewable and sustainable biopolymers have helped create plastic products that are 100% biodegradable and compostable. Danimer Scientific's products return to nature instead of polluting lands and waters. Its technology can be found in a vast array of plastic end-use products that people use every day. Applications for its biopolymers include additives, aqueous coatings, fibers, filaments, films, and injection-molded articles, among others. The company holds more than 470 patents and pending patent applications in nearly 20 countries for a range of manufacturing processes and biopolymer formulations.

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